Saudi Arabia’s East Pipes Integrated Co. for Industry has signed a steel pipe supply contract with the Saudi Water Authority (SWA) valued at more than SAR 485 mln (USD 129 mln), including VAT, according to a stock exchange filing.
The six-month agreement covers the manufacture and delivery of steel pipes, with the financial impact expected to be reflected in the company’s results for Q4 FY26 and Q1 FY27.
Founded in 2010, East Pipes operates a helical spiral arc welded (HSAW) pipe plant in Dammam with an annual capacity of 500,000 tons. The facility can produce pipes up to 18.2 meters long, with wall thicknesses of 6-25.4 mm, diameters of 20-100 inches, and grades up to API X80.
1 USD / 3.75 SAR
